ING in Russia

ING in Russia

ING Bank (EURASIA) JSC has received a $150 mln subordinated loan.

On June 22, 2015 the Central Bank of Russia has approved the inclusion of the subordinated loan from the parent company into the capital of ING BANK (EURASIA) JSC in amount of $150 mln.

For the Bank, this is an additional opportunity to diversify its funding base and reduce currency risks.